First time Multihome Investor

[Matthew Jackson]

Hey biggerpockets community. So I'm a first time buyer looking to househack a multi home on long Island. Given the explosion in demand on the long island housing market. Would you suggest waiting until things cool down? Or perhaps look into a rehab deal. What steps would you advise in a hot housing market if your looking to househack the multi home? Any advice would be greatly appreciated.

Thanks for the advice

Matt

[Jorge Rivera]

Hey Matt. I'm big on buying real estate and waiting, instead of waiting to buy real estate. This is my advice IF you have your finances in order, including a 6-month emergency fund. I searched long and hard to buy my 1st multi-family in Suffolk County back in March of this year. Good luck and always keep learning!